Brands are hyping well-worn, heritage hand-me-downs as shoppers, particularly Gen Zers, shell out top dollar for items with real patina. https://www.japantimes.co.jp/business/2025/10/14/brands-heritage-hand-me-downs/?utm_medium=Social&utm_source=mastodon #business #fashion #luxurygoods #clothing #recycling #barbour #levi039s
LVMH is ramping up its expansion in South Korea, with the luxury conglomerate looking to diversify its global presence as geopolitical and economic uncertainties hurt the consumer spending outlook in the U.S. and China. https://www.japantimes.co.jp/business/2025/09/25/markets/lvmh-south-korea-us-china/?utm_medium=Social&utm_source=mastodon #business #markets #lvmh #southkorea #us #china #fashion #luxurygoods
Luxury goods companies face a delicate balancing act after the U.S.-EU trade deal as weak consumer demand tests their ability to raise prices further following dramatic price increases in recent years. https://www.japantimes.co.jp/business/2025/07/29/markets/us-tariffs-luxury-brands-power/?utm_medium=Social&utm_source=mastodon #business #markets #luxurygoods #us #donaldtrump #trade #tariffs #chanel #lvmh #louisvuitton #dior
U.S. airlines' strategy of doubling down on high-end travel after the COVID-19 pandemic to drive up profits and reduce their vulnerability to economic swings is paying off. https://www.japantimes.co.jp/business/2025/07/21/us-airlines-premium-travel-slump/?utm_medium=Social&utm_source=mastodon #business #airlines #luxurygoods #travel #delta #united
A Milan court placed Italian luxury label Loro Piana SpA under judicial oversight for one year, saying the LVMH-owned label famous for its cashmere clothing did not stop subcontractors from exploiting migrant workers. https://www.japantimes.co.jp/business/2025/07/15/companies/lvmh-loro-piana-italy-labor/?utm_medium=Social&utm_source=mastodon #business #companies #luxurygoods #lvmh#loropiana#laborlaws